Although US lawmakers are expected to consider a budget reconciliation bill and the CLARITY Act soon, House members are also scheduled to meet and discuss crypto tax policy in a Tuesday hearing.

Seven draft bills are being circulated by the House Ways and Means Committee ahead of a hearing next week, including proposals to ease small-gain, mining and staking burdens.

The crypto tax bills—the first of their kind to be deliberated by congressional leadership—will be discussed at a House hearing on Tuesday.